> My biggest fear is that all of these complex bureaucratic laws are just raising the bar for doing a startup. A senior executive at a large bank once told me

> My biggest fear is that all of these complex bureaucratic laws are just raising the bar for doing a startup. A senior executive at a large bank once told me "that's the idea!". Specifically, complex and onerous regulation makes it a lot harder for upstarts and, while costly for large established players, they can bear it.